UAE News Online
Main » 2018 » June » 21
Acquires 68,000 Sq. Ft. Manufacturing Facility in Kentucky-based Opportunity Zone Expects to Create 150 Local Permanent Jobs at Full-Scale Production FRAMINGHAM, Mass.-Thursday 21 June 2018 [ AETOS Wire ] (BUSINESS WIRE) -- Closely following Veloxint’s recognition as Breakthrough Solution of the Year at the 2018 S&P Global Platts Global Metals Awards for its nanocrystalline alloy metallurgy, the Braidy Industries subsidiary closed the purchase of a 68,000 square foot manufacturing facility, known previously as the HT Hackney Co. building. The facility is located in a U.S. Treasury-approved Opportunity Zone, designated by Kentucky Governor Matt Bevin. Opportunity Zones allow for a 50% reduction in capital gains taxes for investments held five years or longer. Investments held for 10 years then become exempt from capital gains taxes entirely. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180619006099/en/ Veloxint has b ... Read more »
Views: 38 | Added by: uaeonlinenews | Date: 06.21.2018 | Comments (0)

LONDRES-Jeudi 14 Juin 2018 [ AETOS Wire ] (BUSINESS WIRE) Vista Entertainment Solutions Ltd, une société du groupe Vista (NZX & ASX: VGL), a déployé avec succès la suite de logicielle Vista Cinema dans les premières salles de cinéma saoudiennes et elle est ravie d'annoncer qu'elle est le premier logiciel de gestion de cinéma qui fournit des rapports intégrés au portail de la Commission Générale des Médias Audiovisuels (GCAM). L'une des nouvelles les plus attendus de 2018 a été le retour des cinémas au Royaume d'Arabie Saoudite après une interdiction de 35 ans. Vista Entertainment Solutions a ouvert la voie en soutenant AMC Entertainment et Development & Investment Entertainment Co., une filiale du Fonds d'Investissement Public d'Arabie Saoudite, pour ouvrir le premier cinéma commercial du pays le 18 avril. Jason Cole, Vice-Président du département de Fusions & Acquisitions et Achats Internationaux aux Théâtres de l’AMC, a déclaré: «L'esprit de coopération et de collaboration avec Vi ... Read more »
Views: 42 | Added by: uaeonlinenews | Date: 06.21.2018

LONDON-Thursday 14 June 2018 [ AETOS Wire ] (BUSINESS WIRE) -- Vista Entertainment Solutions Ltd, a Vista Group company (NZX & ASX: VGL), has successfully deployed the Vista Cinema software suite in the first Saudi Arabian cinema venues and is delighted to announce that it is the first cinema management software providing fully integrated reporting to the General Commission for Audiovisual Media (GCAM) portal. One of the most highly-anticipated news stories of 2018 was the return of cinemas to the Kingdom of Saudi Arabia after a 35-year ban. Vista Entertainment Solutions led the way supporting AMC Entertainment and the Development & Investment Entertainment Co., a subsidiary of Saudi Arabia's Public Investment Fund, to open the country’s first commercial cinema on the 18th of April. Jason Cole, Vice President, Mergers & Acquisitions and International Procurement at AMC Theatres, says: “The spirit of cooperation and collaboration with Vista on the Saudi opening was nothing less than ... Read more »
Views: 34 | Added by: uaeonlinenews | Date: 06.21.2018

WESTLAKE VILLAGE, Calif.-Wednesday 20 June 2018 [ AETOS Wire ] (BUSINESS WIRE) -- Dole Food Company, Inc. announced the appointment of Michael H. Solomon as the new President of Dole Fresh Vegetables effective June 18, 2018. As Dole Fresh Vegetables President, Solomon will have responsibility for all of the division's operations across North America. He will report directly to Dole Food Company President and Chief Executive Officer Johan Linden. With 30 years experience, including within the food and beverage industry, Solomon has a proven success record of taking high-performance brands to the next level, increasing performance and margins in sales, plant operations, and profit growth. Among other positions, Solomon has held roles of President of POM Wonderful and President and CEO of Ready Pac Foods, Inc., prior to joining Dole. “Michael has built an impressive track record of strategic, operational and commercial accomplishments,” said Johan Linden, President and Chief Executive ... Read more »
Views: 39 | Added by: uaeonlinenews | Date: 06.21.2018 | Comments (0)

SCOTTSDALE, Ariz.-Wednesday 20 June 2018 [ AETOS Wire ] (BUSINESS WIRE)-- Universal Laser Systems (ULS) announces the addition of Henkel, Hexcel® and Saint-Gobain materials to its materials database, the most extensive repository of laser material processing parameters for materials in the range of 10 watts to 500 watts. The Henkel, Hexcel and Saint-Gobain materials new to the ULS materials database were specifically added for laser processing with the ULTRA and XLS platforms, suited for high accuracy and precision laser cutting, laser ablation and laser surface modification. The materials include: Henkel Bergquist™ Gap Pad® VO Thermal Material Henkel Bergquist™ Hi-Flow® 105 Thermal Material Henkel LOCTITE® EA 7000 AERO Film Henkel Hysol® EA 9696 AERO Film Henkel Bergquist™ Sil-Pad A2000 Thermal Material Hexcel® HexForce® 353 Aramid Fabric Hexcel® HexForce® 282 Carbon Fabric Saint-Gobain CHEMFILM® DF100 Cast PTFE Film Saint-Gobain CHEMFILM® ETFE-E2 Extruded Fluoropolymer Film Laser ... Read more »
Views: 40 | Added by: uaeonlinenews | Date: 06.21.2018 | Comments (0)

Introducing time dimension to synchronize BIM processes with work packaging, immersive visualization, and constructioneering, by way of Connected Data Environment (CDE) EXTON, Pa.-Thursday 21 June 2018 [ AETOS Wire ] (BUSINESS WIRE) -- Bentley Systems, Incorporated, a leading global provider of comprehensive software solutions for advancing infrastructure, today announced the acquisition of Synchro Software, headquartered in London, leader (and the market creator) in 4D construction modeling software, for scheduling and project management. Synchro, “construction’s time machine,” has been globally adopted, in particular, for building and civil infrastructure projects. The acquisition broadens Bentley’s ProjectWise construction offerings—which already include ConstructSim, the leader for 4D construction modeling in project delivery of industrial plants. With construction project management in 4D, benefits of BIM can extend throughout infrastructure project delivery and asset lifecycle ... Read more »
Views: 47 | Added by: uaeonlinenews | Date: 06.21.2018 | Comments (0)

LONDON-Wednesday 20 June 2018 [ AETOS Wire ] (BUSINESS WIRE) -- As part of its transformation strategy, Deutsche Bank has selected SmartStream Technologies’ Centre of Excellence (CoE) to provide an off-site operations platform - including three services which will allow the bank to streamline, simplify and reduce the costs of its reconciliations environment. With the growth in volume of reconciliations, the processing of large quantities of data has become complex. Many financial institutions are exploring utilities to ensure accuracy and cost savings. With the addition of the CoE to Deutsche Bank, SmartStream will provide the bank with three distinct managed services: Reconciliations On-Boarding, Production Support and Operational Reconciliation Services. The new services will improve processing of reconciliations by making it faster and more cost-effective. The integration of the overall service will be done in a phased approach, where Deutsche Bank will increase productivity and ... Read more »
Views: 44 | Added by: uaeonlinenews | Date: 06.21.2018 | Comments (0)

• Private sector can be an important partner in meeting $320 billion in oil and gas investment in coming years, Jafar tells OPEC ministers and industry leaders. • The 2018 OPEC Seminar, under the theme, ‘Petroleum – cooperation for a sustainable future’, examined a range of important energy issues and challenges, helping to explore existing avenues of dialogue and cooperation, while stimulating new ones. Vienna-Wednesday 20 June 2018 [ AETOS Wire ] New investment models will encourage optimal development in the oil and gas sector, Majid Jafar, CEO of Crescent Petroleum told OPEC ministers and industry leaders at the OPEC Seminar in Vienna today. The private sector in MENA can be an important partner in oil and gas development, helping boost competitiveness in the industry, he added. “We need new investment models that will create the right incentives for upstream investment in exploration in new areas, enhanced recovery from mature fields, and gas development, where the region ... Read more »
Views: 42 | Added by: uaeonlinenews | Date: 06.21.2018

The newly patented interchangeable junction box covers provide various functionalities to solar modules. LOS GATOS, Calif.-Wednesday 20 June 2018 [ AETOS Wire ] (BUSINESS WIRE) -- Tigo®, pioneer of the Smart Modular Flex MLPE platform, today announced that it has been granted its most important and industry strategic hardware patent applying to the smart technology used in its flexible module-level power electronics (Flex MLPE) within solar junction boxes. Tigo’s connection box with reliable and inexpensive contacts for solar modules is now patented to enable the use of multiple types of passive and active covers for different functionalities in the junction box. To learn more, Tigo will be displaying its Flex MLPE during Intersolar Munich 2018 from June 20th – 22nd with multiple OEM and distribution partners. U.S. Patent 9,991,843 is Tigo’s 56th patent issued by the U.S. Patent and Trademark Office, with 23 patents still pending. The Flex MLPE's contacts within the junction box al ... Read more »
Views: 42 | Added by: uaeonlinenews | Date: 06.21.2018

NEW YORK-Wednesday 20 June 2018 [ AETOS Wire ] (BUSINESS WIRE)-- MSCI Inc., a leading provider of research-based indexes and analytics, will announce the results of its 2018 Annual Market Classification Review on June 20, 2018. The results will be posted on www.msci.com shortly after 4:30 PM ET / 9:30 PM BST / 12:30 AM GST (June 21, 2018). WHAT: To communicate the results of the 2018 Annual Market Classification Review, MSCI will host three global media calls to accommodate various time zones. Prepared remarks will be followed by a Q&A session. Two MSCI Country Indexes are currently included on the review list of the 2018 Annual Market Classification Review: MSCI Saudi Arabia and MSCI Argentina Indexes for a potential reclassification to Emerging Markets. --------------------------------------------------------------------------------------------- WHO: Sebastien Lieblich, Global Head of Equity Solutions at MSCI ----------------------------------------- ... Read more »
Views: 29 | Added by: uaeonlinenews | Date: 06.21.2018 | Comments (0)

MUNICH-Wednesday 20 June 2018 [ AETOS Wire ] (BUSINESS WIRE) -- ABB and Kawasaki Heavy Industries, both global leading players in industrial automation and robotics, are showcasing the world’s first common collaborative robot operating interface at automatica in Munich, Germany from June 19-22, 2018. The common interface will also help address the shortage of skilled workers in many industries. In Japan for example, one person in five is within a decade of retirement. Demand for collaborative robots has outpaced the rapidly-growing industrial robot market, as easier-to-use robots open doors to new users. The fact that collaborative robots can be programmed and operated by people without specialized training helps small and medium enterprises, in particular, to leapfrog traditionally longer industrial robot learning curves. Collaborative robots (cobots) that can be operated by nearly any user can help offset labor shortages. Their flexibility to work nearly anywhere in a factory wit ... Read more »
Views: 35 | Added by: uaeonlinenews | Date: 06.21.2018 | Comments (0)